Connect with us

corporations

Portuguese companies Medicane and Cannexporpharma join the Sanity Group

Published

em

Listen to this article

O Sanity Group, led by Finn Hänsel, announced on Friday the strengthening of its global network of partners, having established partnerships with companies in Canada, South Africa and Portugal. THE cannexporpharma and medicine (MHI Cultivo Medicinal) are the Portuguese companies that are part of the German group's network of partners. Deliveries begin in the last quarter of this year.

The Sanity Group, founded in 2018 in Germany by Finn Hänsel, announced strengthening and diversifying its global network of partners. On the list are two Portuguese companies, Cannexporpharma and MHI Cultivo Medicinal. Although the statement is not fully explicit, the shipment of cannabis to Germany is expected to start as early as next month.

According to the press release, a partnership was established through the signing of exclusive medical cannabis supply contracts with South African suppliers FarmaGrowers, Chroni-Co and Safri Canna, Canadian suppliers Groupe Fuga, Habitat Life Sciences, Candre Cannabis and Miracle Valley, as well as the Portuguese company Cannexporpharma.

MHI Cultivo Medicinal, the subsidiary company of Medicane Health Inc, has also entered into a partnership with Sanity Group, actively contributing to the establishment of a platform for the processing of GMP-approved cannabis within the group's partner network.

3 tons of cannabis a year

In total, there are 3 tons of cannabis for a year, it is not clear if these come exclusively from Portugal. However, at least part of these will be produced by the Portuguese company. According to a statement from Cannexporpharma, German patients will have access to “cannabis flowers with proven historical data of THC content in the range of 26-28% produced in our facilities”.

The German group thus consolidates its presence in the German medical market and prepares itself for the anticipated changes in the regulations on adult cannabis use in Germany. Finn Hansel said that “we spent a lot of time visiting and selecting great partners”, and now “we will be able to react flexibly to demand. We are prepared for what may be coming in the market and thus obtain additional capacity to innovate”.

Hanna Hlushchenko, Business Developer at Cannexporpharma, stated that the Condeixa-based company is “happy to find such a strong partner in the German market” and hopes that “this is just the beginning of a long-term cooperation”.

Thimo V. Schmitt-Lord, Director of Innovation and New Markets at Sanity Group, said that “more than 200 potential partners worldwide were analyzed. In addition to product quality and process reliability, the new partners impressed by their Corporate Governance sustainability and his enthusiasm for cannabis.”

The Sanity Group has raised more than 2018 million euros in private investment since 60, by players of football like Mario Götze and André Schurrle — as well as several other private investors, including Snoop Dog (through Mesa Verde Capital) and Will.I.Am.

Comment
Subscribe
Notify of
1 Comment
Inline feedback
View all comments
John Cannabis
1 year ago

please check those ridiculous announcements before publishing…are you really sure about those 3 tones?

Advertising


Watch the Documentary "Patients"

Documentary Patients Laura Ramos help us grow

Mais recentes

Opinion2 hours ago

The main mistake of legalization in Germany

German spring will arrive with new flowers. Germany is the third country in the European Union to fully legalize...

Events7 hours ago

Spannabis will once again host ICBC Barcelona from the 14th to the 17th of March

The International Cannabis Business Conference (ICBC) will open another edition of Spannabis, on March 14th, with the aim of...

Press Releases1 hours ago

Porto, Matosinhos, Valongo and Paredes – Eight arrested for drug trafficking and more than 8000 doses of drugs seized

The Porto Territorial Command, through the Criminal Investigation Center (NIC) of Santo Tirso, between the 20th and...

National3 days ago

Portugal: GNR seizes 3 tons of hashish in the Guadiana River

The Coastal and Border Control Unit (UCCF) of the National Republican Guard (GNR) seized last Friday, the 23rd...

Events3 days ago

Spannabis 2024: Barcelona hosts the 20th edition of the largest cannabis exhibition in the world, from March 15th to 17th

Barcelona is preparing to host the 20th edition of Spannabis, the largest cannabis fair in the world, on the 15th,...

International6 days ago

Germany: Bundestag voted today in favor of legalizing cannabis, but Federal Council approval is still needed

The Bundestag debated and voted this afternoon on the project to legalize the personal use of cannabis in the country, with 407...

International1 weeks ago

Germany: Legalization will be discussed this Friday, the 23rd

The German Bundestag will finally deliberate on the legalization of cannabis for personal consumption in the country. The debate, which has been...

Hemp1 weeks ago

Hemp cultivation in the Azores will have an information session on Terceira Island

The Confraria Internacional Cannabis Portugal and CannAzores join forces to promote an Information Session on the Cultivation of...

Health2 weeks ago

CBD and CBC show promising results in head and neck squamous cell carcinoma

A study published in the journal Cancers found that cannabis extracts rich in CBD (cannabidiol) can kill breast cancer cells...

International2 weeks ago

Ukraine: Zelensky signs bill to legalize medical cannabis

Ukrainian President Volodymyr Zelensky signed a bill legalizing medical cannabis in Ukraine, with the expectation that...